treasury stock

• Treasury Stock

https://store.theartofservice.com/the-treasury-stock-toolkit.html

History of Google - 2004

1 The company has not reported any treasury stock holdings as of the Q3 2004 report.


Semantic search - Disambiguation

1 *collocations ('credit card', 'university degree', 'treasury stock', 'go forward', etc.)


Security (finance)

1 A 'security' or 'financial instrument' is a tradable asset of any kind.The United States Securities Exchange Act of 1934 defines a security as: Any note, stock,

treasury stock, Government investment|bond, debenture, certificate of interest or participation in any profit-sharing agreement or in any oil, gas, or

other mineral royalties|royalty or lease, any collateral (finance)|collateral Trust certificate (finance)|trust certificate, preorganization certificate or

subscription, transferable share, investment contract, voting-trust certificate, certificate of deposit, for a security, any put option|put, call option|call,

straddle, option (finance)|option, or group or index of securities (including any interest therein or based on the value thereof), or any put, call, straddle,

option, or privilege entered into on a national Exchange (organized market)|securities exchange relating to foreign currency, or in general, any Financial instrument|instrument commonly known as a security; or any certificate of

interest or participation in, temporary or interim certificate for, receipt for, or warrant or right to subscribe to or purchase, any of the foregoing; but shall

not include currency or any note, draft, bill of exchange, or banker's acceptance which has a Maturity (finance)|maturity at the time of issuance of not exceeding nine months, exclusive of days of grace, or any renewal thereof

the maturity of which is likewise limited


Corporate finance - Dividend policy

1 Alternatively, some companies will pay dividends from Treasury stock|

stock rather than in cash; see Corporate action


Zodiac Aerospace - Consolidated key figures

1 (2) Ex. neutralization of treasury stock.


Government bonds - United Kingdom

1 In the UK, government bonds are called gilt-edged securities|gilts. Older issues have names such as

Treasury Stock and newer issues are called Treasury

Gilt.http://www.dmo.gov.uk/reportView.aspx?

rptCode=D3B.2rptName=72460326reportpage=Gilts/Daily_Prices

Inflation-indexed gilts are called Index-linked gilts.


Edenred - Ownership

1 According to the company website, Edenred is 73.57% owned by

institutional shareholders, 21.50% by Colony Capital and Eurazeo, 4.79%

by individual shareholders and a 0.14% is a capital retained as

treasury stock.


Hermès - Shareholder structure

1 The luxury goods company LVMH held 20.21% of shares (amassed in the latter half of 2010) and 13.08%

of votes at the same date, with 0.39% of shares held as treasury

stock and the remaining 16.61% free float


Corporate action - Purpose

1 Treasury stock|Buybacks are another example of influencing the stock

price where a corporation buys back shares from the market in an attempt to reduce the number of outstanding shares thereby increasing the price.


Call option

1 An incentive stock option, the option to buy stock in a particular company, is a right granted by a corporation to

a particular person (typically executives) to purchase treasury

stock


Treasurer - Corporate treasurers

1 They are typically responsible for liquidity risk management, cash

management, issuing debt, Foreign exchange market|foreign exchange

and interest rate risk hedge (finance)|hedging, securitization, oversight of pension investment

management, and capital structure (including Secondary Market

Offering|share issuance and Treasury stock|repurchase)


Securities

1 A 'security' is a tradable asset of any kind.The United States Securities Exchange Act of 1934 defines a security as: Any note, stock, treasury stock,

Government investment|bond, debenture, certificate of interest or participation in any profit-sharing agreement or in any oil, gas, or other mineral royalties|royalty or lease, any collateral (finance)|collateral Trust

certificate (finance)|trust certificate, preorganization certificate or subscription, transferable share, investment contract, voting-trust certificate,

certificate of deposit, for a security, any put option|put, call option|call, straddle, option (finance)|option, or group or index of securities (including any

interest therein or based on the value thereof), or any put, call, straddle, option, or privilege entered into on a national Exchange (organized market)|securities exchange relating to foreign currency, or in general, any Financial instrument|instrument commonly known as a security; or any certificate of

interest or participation in, temporary or interim certificate for, receipt for, or warrant or right to subscribe to or purchase, any of the foregoing; but shall

not include currency or any note, draft, bill of exchange, or banker's acceptance which has a Maturity (finance)|maturity at the time of issuance of not exceeding nine months, exclusive of days of grace, or any renewal thereof

the maturity of which is likewise limited


Share repurchase

1 96 (2009).Amedeo De Cesari, Susanne Espenlaub, Arif Khurshed and Michael

Simkovic, [http://ssrn.com/abstract=1884171 The Effects of Ownership and Stock Liquidity

on the Timing of Repurchase Transactions], 2010 The company either retires the repurchased shares or keeps them as treasury stock, available for re-

Issued capital|issuance.


Housing cooperative - Finance

1 In the lifecycle of buildings, the replacement of assets (capital repairs) requires significant funds which can be

obtained through a variety of ways: assessments on current owners; sales of

Treasury Stock (former rental units) to new shareholders; draw downs of reserves;

unsecured loans; operating surpluses; fees on the sales of units between shareholders

and new and increases to existing mortgages.


Gilt-edged securities - Gilt names

1 Historically, gilt names referred to their purpose of issuance, or signified how a stock had been created, such as 10¼% Conversion Stock 1999. In more recent times, gilts have been generally named Treasury Stocks. Since 2005-2006, all new issues of

gilts have been called Treasury Gilts.


Magna International - Restatement

1 On May 18, 2000, the company restated its net income and earnings per share (previously $109 million and $1.22

respectively) due to an accounting policy change relating to design and engineering and pre-production start-up costs. On May

2, 2001, the company restated diluted earnings per share (previously $1.55) due to an accounting policy change related to

the adoption of the treasury stock method.


Google IPO - 2004

1 The company has not reported any treasury stock holdings as of the Q3 2004 report.


Treasury stock

1 A 'treasury stock' or 'reacquired stock' is stock which is bought back

by the issuing company, reducing the amount of outstanding stock on the open market (open market including

insiders' holdings).


Treasury stock

1 The United Kingdom equivalent of 'treasury stock' as used in the United

States is 'treasury share'. Treasury stocks in the UK refers to

government bonds or gilts.


Treasury stock - Limitations of treasury stock

1 *Treasury stock does not pay a dividend



1 *Treasury stock has no voting rights



1 *Total treasury stock can not exceed the maximum proportion of total

capitalization specified by law in the relevant country


Treasury stock - After buyback

1 The company can either retire (cancel) the shares (however, retired shares are not

listed as treasury stock on the company's financial statements) or hold the shares

for later resale. Buying back stock reduces the number of outstanding shares.

Accompanying the decrease in the number of shares outstanding is a reduction in

company assets, in particular, cash assets, which are used to buy back shares.


Treasury stock - Accounting for treasury stock

1 On the balance sheet, treasury stock is listed under shareholders' equity as a negative number. The accounts

may be called Treasury stock or equity reduction.



1 One way of accounting for treasury stock is with the cost method. In this method, the paid-in capital account

is reduced in the balance sheet when the treasury stock is bought. When

the treasury stock is sold back on the open market, the paid-in capital is

either debited or credited if it is sold for more or less than the initial cost

respectively.https://store.theartofservice.com/the-treasury-stock-toolkit.html


1 Another common way for accounting for treasury stock is the par value method. In the par value method, when the stock is

purchased back from the market, the books will reflect the action as a retirement of the shares. Therefore, common stock is

debited and treasury stock is credited. However, when the treasury stock is resold back to the market the entry in the books

will be the same as the cost method.



1 In either method, any transaction involving treasury stock cannot increase the amount of retained

earnings. If the treasury stock is sold for more than cost, then the paid-in capital treasury stock is the account

that is increased, not retained earnings. In auditing financial

statements, it is a common practice to check for this error to detect

possible attempts to cook the books.https://store.theartofservice.com/the-treasury-stock-toolkit.html

Marketable securities

1 A 'security' is a tradable financial asset of any kind.The United States Securities Exchange Act of 1934 defines a security as: Any note, stock, treasury stock, Government investment|bond, debenture, certificate of

interest or participation in any profit-sharing agreement or in any oil, gas, or other mineral royalties|royalty or lease, any collateral (finance)|collateral Trust certificate (finance)|trust certificate, preorganization certificate or

subscription, transferable share, investment contract, voting-trust certificate, certificate of deposit, for a security, any put option|put, call option|call,

straddle, option (finance)|option, or group or index of securities (including any interest therein or based on the value thereof), or any put, call, straddle,

option, or privilege entered into on a national Exchange (organized market)|securities exchange relating to Currency|foreign currency, or in general, any

Financial instrument|instrument commonly known as a security; or any certificate of interest or participation in, temporary or interim certificate for,

receipt for, or warrant or right to subscribe to or purchase, any of the foregoing; but shall not include currency or any note, draft, bill of exchange,

or banker's acceptance which has a Maturity (finance)|maturity at the time of issuance of not exceeding nine months, exclusive of days of grace, or any

renewal thereof the maturity of which is likewise limited


Share Premium

1 It may also be used to account for any gains the firm may derive from selling treasury stock, although this

is less commonly seen.


L'Oréal - Stockholders

1 * Breakdown of share ownership: 33.31% by the Liliane Bettencourt|

Bettencourt family, 23.29% by Nestlé, 21.8% by international institutional investors, 9.3% by

French institutional investors, 5,7% by individual shareholders, 1.9%

treasury stock and 0.7% by employees.


ALROSA - History

1 The Government of Russia|Russian government and the Sakha Republic|

Republic of Sakha (Yakutia) sold a combined 14% stake (in equal

shares), while ALROSA offered about 2% in treasury

stock.[http://www.themoscowtimes.com/business/article/alrosa-ipo-nets-13bln/488601.html Alrosa IPO Nets

$1.3Bln], The Moscow Times, October 29, 2013


TAM Airlines - Consolidation of Services

1 25 As of 2010, the airline is owned by the Amaro family (46.25%), Amaro

Aviation Part (3.52%), treasury stocks (0.27%) and minority shareholders

(49.96%)


Domino's Pizza Group - Shareholder structure

1 Many of the principal shareholders of Domino’s Pizza Group are individuals

connected with the company including long-term investor and non-

executive director Nigel Wray and former owner Colin Halpern. A total

of 0.35% of shares are held in treasury stock by the Domino’s Pizza

Group Employee Benefit Trust.


Sanford I. Weill - Post-Citigroup

1 In 2003, Citigroup repurchased $300 million worth of shares from Weill. It was reported among the $1.967 billion of treasury stock

acquired in the Citigroup consolidated statement of changes in stockholders' equity.

The average price Weill received for his shares was

$47.14.[http://www.allbusiness.com/banking-finance/financial-markets-investing-

securities/5822096-1.html Citigroup Purchases 5.6 Million Shares From Chairman Sandy Weill]


LVMH - Shareholders

1 A further 2.43% of shares were declared as treasury stock, with the remainder being free

float


Plastic Omnium - Company's share structure

1 According to Plastic Omnium, at the end of 2011 55.1 percent of it was

owned by the parent company, Burelle, 1.6 by the employees, 8,7 was Treasury stock and a 34.6 was

for public trade.


Fesco Transport Group - Share capital and management

1 FESCO is a public company traded on MICEX and RTS (FESH/FESHG). The

major shareholder of FESCO is “Industrial Investors” (55.81%). East

Capital holds 7.15% of the stock, 3.76% belong to EBRD, 13% -

treasury stock and 20.28% - free float.


Ferrovial - Ownership

1 According to the CNMV (Comisión Nacional del Mercado de Valores), the Spanish Securities

Market Commission in charge of supervising and inspecting the Spanish Stock Markets, 44.268% of the shareholding is currently held by Portman Baela, S.L. on behalf of the Del Pino family, and

3.868% is held by Banco Santander, S.A.[http://www.cnmv.es/Portal/Consultas/DerechosVoto/PS_AC_INI.aspx?nif=A81939209 Significant shareholdings and treasury stock of the entity]

consulted May 9, 2011.


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treasury stock

Documents

treasury stock holdings

treasury stockstock

treasury gilt

preorganization certificate

interim certificate

certificate of deposit

votingtrust certificate

bill of exchange